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HERZ

Herzfeld Credit Income Fund

19 hedge funds and large institutions have $10.7M invested in Herzfeld Credit Income Fund in 2017 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 5

14% more capital invested

Capital invested by funds: $9.37M → $10.7M (+$1.31M)

0.39% more ownership

Funds ownership: 2.78%3.17% (+0.39%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

24% less funds holding

Funds holding: 2519 (-6)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 6

Holders
19
Holders Change
-6
Holders Change %
-24%
% of All Funds
0.47%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
Increased
8
Reduced
5
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TJHA
1
Thomas J. Herzfeld Advisors
Florida
$7.38M +$782K +14,264 +12%
COLIM
2
City of London Investment Management
United Kingdom
$1.13M +$541K +9,867 +95%
SFS
3
Shaker Financial Services
Virginia
$712K +$493K +8,985 +239%
BI
4
Bulldog Investors
New Jersey
$331K -$186K -3,398 -27%
DA
5
Doliver Advisors
Texas
$257K +$3.51K +64 +1%
BBPWM
6
Blue Bell Private Wealth Management
Pennsylvania
$229K +$190K +3,466 +546%
BA
7
Bennicas & Associates
California
$130K
CLOS
8
Compagnie Lombard Odier SCmA
Switzerland
$120K
RJA
9
Raymond James & Associates
Florida
$108K -$79.9K -1,457 -43%
Bank of America
10
Bank of America
North Carolina
$68K
Morgan Stanley
11
Morgan Stanley
New York
$51K -$3.84K -70 -7%
Carson Wealth (CWM LLC)
12
Carson Wealth (CWM LLC)
Nebraska
$51K
IA
13
IFP Advisors
Florida
$41K -$2.03K -37 -5%
UBS Group
14
UBS Group
Switzerland
$22K +$7.02K +128 +49%
SSB
15
Sandy Spring Bank
Maryland
$19K
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$9K +$658 +12 +8%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$8K -$14.1K -257 -62%
RFA
18
Reilly Financial Advisors
California
$7K
Wells Fargo
19
Wells Fargo
California
$2K +$55 +1 +3%
LPL Financial
20
LPL Financial
California
-$243K -4,508 Closed
AGM
21
Alpine Global Management
New York
-$150K -2,731 Closed
GFM
22
Gramercy Funds Management
Connecticut
-$17K -308 Closed
DADC
23
D.A. Davidson & Co
Montana
-$10K -198 Closed
Creative Planning
24
Creative Planning
Kansas
-$4K -64 Closed
AIM
25
Acrospire Investment Management
Illinois
-$2K -39 Closed

HERZ Hedge Fund Activity: Q2 2017 in Review

19 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q2 2017, worth a combined $10.7M — up 14% from $9.37M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of HERZ and 0 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 8 added.

The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $782K. The largest seller was LPL Financial, exiting entirely with an estimated $243K sold.

  • 19 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q2 2017, down from 25 in Q1 2017.
  • Funds reported $10.7M of Herzfeld Credit Income Fund stock for Q2 2017, up 14% quarter-over-quarter.
  • 0 funds opened new Herzfeld Credit Income Fund positions in Q2 2017 and 6 closed out, a net change of -6 holders.
  • The largest Herzfeld Credit Income Fund buyer in Q2 2017 was Thomas J. Herzfeld Advisors, an estimated $782K added.
  • The largest Herzfeld Credit Income Fund seller in Q2 2017 was LPL Financial, an estimated $243K sold.

Based on aggregated 13F filings for Q2 2017.